Question No. 1

What are the three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle

Business Intelligence Applications (OBIA)? (Choose three.)

ACloud customers can use both OTBI and OBIA

BOTBI allows you to create custom reports from real-time transactional data against the database directly

COBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.

DBoth OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.

EOBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications

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Correct Answer: B, C, E

Question No. 2

You need to set up a calendar for fiscal year Apr-XX to March-YY where YY is the following year, and you

would like the periods to be named according to the year they fall in.

What Calendar format should you choose?

ACalendar

BFiscal

CYear

DPeriod

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Correct Answer: D

Question No. 3

Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?

ADefine an intercompany segment in the chart of accounts. The Intercompany module and the Intercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment which the balancing segment value of the legal entity with which you are trading

BThere is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the intercompany rules to define

CDefine an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment

DThere is no need to define an intercompany segment. You can track the intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner

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Correct Answer: A

Question No. 4

Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?

ASupervisory level approval

BCost center based approval

CDynamic Approval Groups

DManagement Chain approval

EApproval Groups

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Correct Answer: A

Question No. 5

During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.

Select the process that allows you to change the qualifier back to cost center qualifier.

ACreate a new chart of accounts.

BDelete the segment and create a new segment with the correct qualifier.

CChange and save the segment qualifier.

DDelete the chart of accounts and create a new one.

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Correct Answer: D

Free Oracle 1Z0-1054-22 Exam Actual Questions

The questions for 1Z0-1054-22 were last updated On Nov 7, 2024